News

CD sales plummet sharply; Digital albums no help

By LC Angell ● Thursday, March 22, 2007

U.S. sales of music CDs plunged 20 percent in the first three months of the year, according to figures released by Nielsen SoundScan. “89 million CDs were sold from the start of the year through March 18 as compared with 112 million CDs sold during the same period in 2006,” reports AFP. “Purchases of digitized albums online failed to make up the difference—instead they dropped from 119 million during that time period in 2006 to 99 million during the first three months of this year, SoundScan reported. Meanwhile, sales of individual songs in digital format on the Internet rose from 242 million tracks during those months last year to 288 million this year.”